This property could be a profitable Mid-Term investment with a projected 11.9% first-year return on $79,467 initial cash invested.
11.9%
Cash On Cash
10.29%
Cap Rate
1.61
DSCR
$4,210
Rent
$788
Cashflow
Cash Flow
$4,210 income − $3,422 expenses = $788 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,210
Total Expenses
$3,422
Mortgage P&I
37%
$1,555
Property Taxes
8%
$332
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$505
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$463